🚀 Binance Secures Global ADGM License : A Compliance Milestone
#Binance has achieved a major regulatory breakthrough, becoming the first crypto exchange to secure full authorization for its global platform, Binance.com, under the Abu Dhabi Global Market (ADGM) framework. This authorization from the ADGM's FSRA establishes a world-class supervisory structure for Binance's global operations, utilizing three distinct licensed entities: An exchange for on-platform trading.A clearing house for settlement and custody.A broker-dealer for off-exchange activities. This comprehensive, regulated structure ensures the highest standards of compliance, governance, and user protection, setting a new industry benchmark for digital asset exchanges. #Binance $BNB
🔥CFTC Unleashes! Banks Can Directly Use Bitcoin, Ethereum, and USDC as Margin for Derivatives, Wall Street's 24-Hour Crypto Market Finally Connects🔥
The U.S. Commodity Futures Trading Commission (CFTC) dropped a bombshell on the 9th: Interpretive Letter 1188 officially confirms that national banks can legally use Bitcoin (BTC), Ethereum (ETH), and USDC as initial margin for derivatives under specific conditions! This marks the end of the long-standing funding gap between Wall Street and the crypto market. After the GENIUS Act is implemented, the U.S. makes a key strike to reclaim global pricing power in crypto derivatives.
Pilot rules are strict: FCMs (Futures Commission Merchants) can buy (sell) a fixed amount of crypto from client A and simultaneously reverse the same amount with client B, maintaining zero positions on their books and avoiding price risk, purely acting as agents. The OCC recognizes this as incidental authority permitted by the National Bank Act, requiring no additional permission. However, the safety iron rule remains unchanged: build AML, cybersecurity, and third-party risk management, and notify the OCC in advance, or face penalties. The first three months are limited to BTC, ETH, and USDC, with weekly reports on digital asset holdings and account classifications, and real-time risk monitoring.
Acting Chair Caroline Pham emphasized, "This plan builds a guardrail, embracing innovation while protecting customer assets." This shifts from a comprehensive ban to risk management, with giants like JPMorgan, Goldman Sachs, and Bank of America entering BTC/ETH spot trading at low risk, T+0 settlement, and faster global capital circulation.
Once the news broke, BTC surged past $93,000, and ETH broke $3,200, causing market heat to skyrocket. Institutional wallets breathed a sigh of relief as crypto transitioned from the margins to mainstream, with banks doubling their trading volumes, benefiting retail investors as well—trading becomes more stable and cheaper.
Bitcoin army, this deregulation comes at a timely moment, officially starting the institutional era. #美联储FOMC会议 $BTC {spot}(BTCUSDT) $ETH {spot}(ETHUSDT) $SOL {spot}(SOLUSDT)
Good morning Blockchain's seeker of light✨ Every squat is for a higher jump Every silence is nurturing the next wave Don't ask where the road is——the road is in the code, in the consensus, in every time you stick to your investment Today, continue to walk with the times!
Good morning Blockchain's seeker of light✨ Every squat is for a higher jump Every silence is nurturing the next wave Don't ask where the road is——the road is in the code, in the consensus, in every time you stick to your investment Today, continue to walk with the times!
Good morning Blockchain's seeker of light✨ Every squat is for a higher jump Every silence is nurturing the next wave Don't ask where the road is——the road is in the code, in the consensus, in every time you stick to your investment Today, continue to walk with the times!
{future}(FFUSDT) $FF @Falcon Finance FF tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade Falcon Finance is Binance, where the most active trading pair FF/USDT has a trading volume of $3,925,669 in the last 24 hours. #Write2Earn #BTCVSGOLD #BinanceBlockchainWeek #Binance
#Token2049新加坡 Satoshi, one sat, and more and more sats#美SEC推动加密创新监管 $币安人生 {alpha}(560x924fa68a0fc644485b8df8abfa0a41c2e7744444) $恶俗企鹅 {alpha}(560xe1e93e92c0c2aff2dc4d7d4a8b250d973cad4444)
.. Go to Binance Square to answer questions and enjoy the opportunity to participate in XRP from cryptocurrency funds https://app.binance.com/uni-qr/9xtqa3qk?utm_medium=web_share_copy
The Federal Reserve meeting is coming to an end, and the market is holding its breath. The Federal Reserve's December meeting concludes today, with the expected announcement of the last interest rate decision for 2025. Wall Street generally expects Chairman Powell to announce a 0.25 percentage point rate cut, marking the third rate cut of the year and bringing the federal funds rate range down to 3.75%-4%. Despite the delay in the release of the November employment and inflation data, last week's moderate increase in consumer spending has strengthened easing expectations. The CME FedWatch tool shows an 88% probability of a rate cut. Analysts warn that if Powell's remarks lean hawkish, it could trigger increased market volatility, affecting the policy path for 2026. US stocks fluctuate slightly, bond market under pressure. The three major US stock indices rose slightly in early trading, with the Dow up 0.1%, the S&P 500 flat, and the Nasdaq down 0.14%. Investor risk aversion is rising as they await signals from the Fed. The yield on the 10-year US Treasury rose to 4.18%, driven by better-than-expected October job vacancy data (7.67 million, higher than the 7.12 million forecast), indicating resilience in the labor market. Asian stock markets rose broadly, Europe remained flat, and the VIX fear index fell 10.33% over five days. Bitcoin faces year-end pressure, crypto market sluggish. Bitcoin's rollercoaster in 2025 may end with an annual decline, continuing its weakness since the crash on October 10, affected by doubts about the AI bull market and the interest rate path. Cosmo Jiang, a partner at Pantera Capital, stated that the risk market's break has intensified selling. Standard Chartered's original forecast of reaching $200,000 by the end of the year has now been downgraded. Although dovish signals from the Fed may boost crypto, the correlation with the stock market has increased, making a rebound unlikely in the short term. US dollar weakens, yen under pressure. The US dollar index has slightly declined as traders bet on a Fed rate cut, with the euro/USD rising to 1.1622. Expectations for a rate hike by the Bank of Japan (BOJ) on December 19 have increased, with the yen falling to 155.87 against the dollar. The global bond market is stabilizing, with the 10-year German bond yield slightly decreasing to 2.752%. These events highlight the high sensitivity of global financial markets, and the Fed's decision may reshape the year-end market.